DaveW

Leveraged ETFs: Buy and Holders Beware, These Are for Active Traders

kavier,
It seems, to me anyway, that the financial sector is much more negative than positive. I"m in the inverse fund SKF for that very reason. My bet is on both the poor outlook of financials and a likely short term down-turn. I'll be out quick if I smell a hint of optimism in the next day or two. But think of this, if the markets don't correct soon and go on further into positive territory do you really think financials warrent real enthusiasm? I believe their golden age is gone, investors are finally realizing that these stocks just won't bring the long-term profits they once did. Your money may better be spent where enthusiasm does currently reside: mid-cap growth stocks outperformed other equity styles in April with no reason for that to change anytime soon. For example, today:

seekingalpha.com/artic...

If you are feeling optimistic and are looking for leveraged growth you might consider the leveraged Mid-Cap Growth ETF (UKW) mentioned above.